The Midpoint Residences

DESCRIPTION
The Midpoint Residences One-Bedroom Unit
Location: Banilad, Mandaue City, Cebu
The MIDPOINT Residences brings you close to the business and leisure locales, north and south of Cebu City, putting you in the way of golden opportunities, allowing you to optimize your time and choices, giving you the freedom to be where you want to be when you want to be.
The MIDPOINT Residences is a two-tower high-rise residential condominium complex aptly located in Banilad, Mandaue City – the actual midpoint between Cebu City’s business and leisure destinations and also one of Metro Cebu’s premier addresses. It is the first 28-story residential condominium soon to rise in this area.

Landmarks/Accessibility:
-2 minutes to Cebu Home Builders, Starbucks & Oakridge
-5 minutes to Gullas Medical Center
-5 minutes to The Spa of Cebu
-5 minutes to Gaisano Country Mall
-5 minutes to UC-Banilad
-5 minutes to Cho City Seafood Restaurant

PROPERTY DETAILS/FEATURES
✅1 Bedroom & 1 Toilet And Bath
✅Living, Dining & Kitchen Area
✅Window-type Air Conditioning Units Provided For The Living Area And Bedrooms
✅Melamine Board Bedroom Closet
✅Melamine Board Kitchen Cabinets With Stainless Sink And Granite Countertop
✅Provisions Of A Fiber-to-the-home (ftth) Broadband For Telephone And Catv Exclusively Provided By Pldt.
✅Electrical Provisions For A Filter-type Range Hood
✅Non-LPG, Purely Electrical Provision For Cooking
✅Fire Alarm And Smoke Detector In Each Unit.
Painted Cement Walls, Dry Walls Partitions, And Ceiling
✅Tiled Main Flooring & Ceramic Floor And Wall Tiles For The Toilet And Bath

AMENITIES
♦️Chapel
♦️Access To Plv Sports Club With Swimming Pool, Fitness Gym And Basketball Court
♦️Landscaped Garden With Parks And Playground
♦️Individual Mailboxes
♦️High-speed Elevators
♦️Centralized Garbage Collection Area With Segregated Garbage Chutes
♦️Main Lobby And Reception Area
♦️Commercial Spaces At The Ground Floor
♦️Fire Alarm And Sprinkler System
♦️Multi-level Podium And Basement Parking
♦️25/7 Standby Generator

PAYMENT FINANCING SCHEME/COMPUTATION
Sample Computation for Bank Financing
Total Contract Price: Php 3,385,057
Transfer Charges : Php 122,294
1. Reservation Fee (RF): Php 10,000 (deductible from Equity)
2. 10% Equity/Down Payment (DP): Php 328,506 payable up to 37 months
: Php 8,879/month for 37 months
4. 90% Loanable Amount: Php 3,046,551

Bank Loan Computation
* 20 years @ Php 20,957/month
* 15 years @ Php 24,893/month
* 10 years @ Php 33,063/month
* 5 years @ Php 58,193/month

Sample Computation for Pagibig Financing
Total Contract Price: Php 3,385,057
Transfer Charges : Php 122,294
2. 3% Equity/Down Payment (DP): Php 1,005,517 payable up to 37 months
: Php 27,176/month for 24 months
4. 70% Loanable Amount: Php 2,369,540

Pag-ibig Loan Computation
* 30 years @ Php 13,269/month
* 25 years @ Php 14,375/month
* 20 years @ Php 16,133/month
* 15 years @ Php 19,204/month
* 10 years @ Php 25,569/month
* 5 years @ Php 45,124/month

PM now and get your OWN Unit :-)